Post Market Report, July 23, 2014 | Stocks and Commodities

July 23, 2014
Time: 6 pm

Post Market Report:

1. In the morning we mentioned that markets will cross all time high.
2. We also mentioned that some profit booking will come.
3. Both happened, we expected the profit booking in the afternoon, but it came in the morning itself.
4. Europe opened higher and that supported our markets here.
5. FIIs have bought for Rs 652 crores.
6. DIIs have sold for Rs 292 crores.
7. TCS market cap has crossed Rs 5 Lakh crore, a record for an Indian company.
8. Axis Bank and Yes Bank fell on results.
9. BOB and PNB rose as RBI said FIIs can buy these stocks.
10. So Bank Nifty was volatile, but closed positive.
11. Momentum is likely to continue tomorrow also.